You pick the wrong word. "Governments charge fees or pay interest as they intend to model your behavior." Not model, manipulate.

They intend to control your behavior, to manipulate you. They have already modeled your behavior and they know what they need to do to make you do what they want.

A correction, Gold and Bitcoins are not hard assets. They are just a different kind of fiat. Their value is based on trust and perception. Gold is only so highly valued because it has a history of being desirable and rare. There are tons of gold that are just bricks in vaults. So much gold that there are not enough meaningful uses to put it too.

Bitcoin, really, hard asset? What use is it except speculation and a medium of exchange. Its value blows with the wind of popular sentiment.

You mentioned silver as a hard asset and it is but the real value of silver as a hard asset is less that its current inflated price but not much less. The price of gold would have to drop by a factor of ten before it would be a more widely used industrial commodity.

I agree with you that we are coming to an inflection point if not a complete reset but I don't think you or Ray Dalio or any of the others know what it will be, when it will happen or how it will play out. Some real estate will be a haven but some will take a huge beating. Gold might be a haven but if some sort of digital currency really catches on, gold will be less of a haven because gold and silver are hard to protect, store, transport for people with millions of dollars. They would be fine for amounts you can carry in a brief case.

Bitcoin, if the reset is not in the next couple years, Bitcoin will have been replaced with a better crypto.

Bitcoin is like 72 rpm records or Windows 1.1, crypto 1.0. Be looking for crypto 2.0 and be ready for crypto 3.0 when the time comes. Coins will come and go. Bitcoin is on the way out.

With you pumping Bitcoin, I wonder if you have a bunch that you want to dump if it can be pumped up a bit.

TEK